Thursday 18 May 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 18 MAY 2017

Ref.Soya oil trading range for the day is 630-636.Ref soyoil prices ended with gains driven by good physical demand and increase in the tariff value for May.Government increases the tariff value for crude soyoil for the second half of May by $13 to $793 per tonnes. There is still good domestic supplies due to cheap imports and high domestic crushing.At the Indore spot market in Madhya Pradesh, soyoil was steady at 631.2 Rupees per 10 kgs.

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